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China BizTech News Weekly Digest – June 23, 2014


Editing by Su-Jun Lim

E-Commerce Giant Alibaba Is Going Hollywood
By THE WALL STREET JOURNAL

Alibaba draws from its massive consumer base to launch a crowd-funding like investment service  that allows people to back a film with a deposit as little as 100 yuan ($16).

Zara owner Inditex to join Tmall to reach more Chinese shoppers
BY REUTERS

Spain’s Zara owner Inditex, which is the world’s largest retailer, plans to join Tmall run by Alibaba this Autum-Winter 2014 collection.

Billionaire JD.com founder lines up next challenge: beating Alibaba

BY REUTERS

JD.com Inc founder Richard Liu is determined on his next target – to beat Jack Ma’s Alibaba – after successful U.S. IPO.

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